IA 362 Lecture Notes - Lecture 3: Status Quo, Degrowth, The Shock Doctrine

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Four different areas of focus in the text: Klein: no economic incentive to look into cleaner outlets when fossil fuel companies are making large profits off the status quo (19, bottom) Time is of the essence, not a problem to solve later. Argument: institutionalized status quo and priorities are what is causing this, not capitalism exclusively. Change the way society thinks in order to change the environment. Rationing of use of things that are long-haul transport: 85. Capitalism was the engine to bring industrialization + spread it- economic system powered the revolution. Industrialized capitalism fueled by cheap fossil fuels and externalization of costs has allowed capitalism and climate change to spread across the earth. Need to fix ourselves : out of control growing population, growth of companies. 86: logic of indiscriminate economic growth (hard to cease or slow development) 174: products being made and consumed in different places personal and entire climate .

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